Business

China’s Huaxin Cement Emerges as R$12 Billion Favorite for CSN Cimentos

Huaxin Cement's roughly R$12 billion bid tops rivals Votorantim and Sinoma for CSN's cement arm ahead of binding-offer deadline on August 7, part of CSN's deleveraging plan. The post China’s Huaxin Cement Emerges as R$12 Billion Favorite…

Brazil Oil Output Hits Record 4.5 Million Barrels a Day in June, Up 19%

ANP data shows Brazil produced 4.475 million barrels of oil per day in June, an all-time high, with pre-salt fields responsible for 82% of the output. The post Brazil Oil Output Hits Record 4.5 Million Barrels a Day in June, Up 19%…

YPF Executes 10-for-1 Stock Split as CEO Marín Aims for Global Top 20

Argentina's state oil company splits its shares 10-for-1 today, part of CEO Horacio Marín's plan to attract retail investors and turn YPF into a global top-20 producer. The post YPF Executes 10-for-1 Stock Split as CEO Marín Aims for…

Vietnam rice group proposes export price floor to shield farmers, exporters

Spotify Users Climb 12% Following Splashy Product Announcements

Spotify Technology SA, the world’s largest music streaming service, boosted its total users to 777 million, an increase of 12% from the same time last year, suggesting a new suite of products and content offerings is attracting new…

Release of The Odyssey film boosts sales of Homer’s poem in Russia by 254%

According to analysts at the bookstore chain, overall sales of Homer’s works increased by 125% year on year

I got two email invitations from friends. Is this a phishing scam — or am I suddenly popular?

“I was surprised — and flattered — to find myself on the guest list.”

Ex-Nubank Executives Launch AI Wealth Adviser in Brazil

An artificial-intelligence startup founded by two former Nubank executives is launching a financial-advisory service in Brazil, encouraged by consumers’ rapid adoption of innovations such as the Pix instant-payment system and digital…

Africa: Africa's Biggest IPO Nears As Dangote Refinery Files for Listing

[Daba Finance] Dangote Petroleum Refinery has filed an initial public offering application with Nigeria's Securities and Exchange Commission, moving the company closer to a listing on the Nigerian Exchange. SEC Director-General Emomotimi…

EU opens probe into Spain payment to Japan's JGC in case over renewable subsidies

Up to 80 Hong Kong-linked ships stuck around Strait of Hormuz, trade group says

A Hong Kong shipping industry body has estimated that as many as 80 of its ships and 1,600 seafarers are stuck in or near the Strait of Hormuz, with the sector forced to contend with more than five months of on-and-off conflict in the…

What is Trump Media's Truth API and why is it controversial?

Trump Media & Technology Group (TMTG) has set up a paid service to give Wall Street firms access to Truth Social's most influential accounts.